PYMNTS

DECEMBER 9, 2016

Avalanche’s infrastructure facilitated DDoS attacks, the spreading of phishing emails and the stealing of sensitive data, Jakub Kroustek , malware analyst and researcher at Avast Software , noted. Just last week, the U.S. Department of Justice, the U.S. Hundreds of thousands of computers worldwide are estimated to be affected.

Monetary Loss 90

Monetary Loss Money Laundering FBI Phishing 90

PYMNTS

JANUARY 27, 2020

The Business Email Compromise (BEC) continues to evolve. Separate analysis from Singapore warned that monetary losses associated with BEC scams that specifically instruct targeted employees to send gift card redemption details are on the rise, too. The losses for one Texas school district totaled to $2.3

Business Email Compromise 71

Business Email Compromise Scams Ransomware Real Time Payments 71

FICO

JUNE 21, 2021

In a year that presented fraudsters with new opportunities to exploit consumers, UK financial institutions continued to lead the charge to reduce European card fraud. It achieved the third best reduction in fraud loss of the studied countries, reducing fraud levels by €2M (39 percent). Norway Sees Massive Rise from Phishing Attacks.

Smishing 52

Smishing Phishing Monetary Loss Compromise 52